Median home value in zip code 56062 (Madelia, MN) is $201,288, up 6.7% year over year. Part of the Mankato, MN metropolitan area.

Home Value$201,288

YoY Change

+6.7%

Prices rising — worse for buyers.

Affordability

Enter your income for 56062 (Madelia).

Income (annual)

Down Payment

$40,258 on $201,288

Example: $75,000 household income. Change it above to see your own.

Affordable21.7% of income

Under the 28% guideline.

PITI$1,356

P/I21.7%

Afford$260K

Room+$58K

P&I $1,018Tax $188Ins $150

6.50% 30yr, 20% down, county tax + MN ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Metro Analysis

56062 is part of the Mankato, MN metropolitan area. See full stress scores, crash risk, early warning signals, and 12-month price forecast for the metro.

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